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Feb 24, 2013
02/13
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WTTG
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how worried are you about it. >> we are very concerned, particularly the effect on the economy, we feel after difficult years we are starting to come out of it and things are getting a little better and unfortunately, the sequester could put is back where we were. you know, we spend so much time, as governors, trying to put people back to work and so, one of the most frustrating conversations any governor can have is with an employer who says, i have vacancies but, i can't find people with the right skills or one of the effects of the sequester could be, for example to hit workforce development training funds. that is crazy and, one thing we have to do is we have to figure out a way of putting people back to work as opposed to seeing cuts like this. >> chris: are you literally saying, this could push your state and other states back into recession. >> no doubt about it. the budget office estimates there could be 750,000 fewer jobs and people talk about the effect of states on the sequester and the real question is what is the impact on the people we serve? states are only a vehicle for
how worried are you about it. >> we are very concerned, particularly the effect on the economy, we feel after difficult years we are starting to come out of it and things are getting a little better and unfortunately, the sequester could put is back where we were. you know, we spend so much time, as governors, trying to put people back to work and so, one of the most frustrating conversations any governor can have is with an employer who says, i have vacancies but, i can't find people...
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Feb 23, 2013
02/13
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WTTG
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs. each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort... individualized. at the ultimate sleep number event, queen mattresses start at just $599. and save 50% on our limited edition bed. ends sunday! >>> need a job? there are a few openings in a dc government agency. the job requirements include wearing a blue uniform and being full of energy. fox's beth parker shows us today's auditions. >> reporter: this sort of audition can be a little intimidating. >> probably going to swallow you up, got it? >> reporter: until you let your hair down, or in this case, get your water on. the folks who bring you dc's drinking water have a thir
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs. each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number....
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Feb 18, 2013
02/13
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WTTG
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> ♪ i'm going to drink on sunday ♪ drinking, drinking sunday ♪ i don't have to work on monday happy birthday presidents ♪ ♪ >> that's not the reason why. >> that's jimmy fallon friday night with his president's day song. he is very talented. love it. >>> all right. that's the perfect set up for our next story. proof the customer is always right. in this case, 90 proof. thanks to a social media outcry, the makers of makers mark bourbon says they won't cut the alcohol content. last week they announced they would cut the alcohol because of a supply shortage. >> what was that system? dipping the seal maybe. it was a red bat of liquid. good day to die hard. earning $25 million from friday to sunday. identity thief took the runner up spot followed by the weekend's other release safe haven. >> despite the die hard movie getting awful reviews. >> that's one of those movies people are going to go. >> a new tv series ma
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> ♪ i'm going to drink on sunday ♪ drinking, drinking sunday ♪ i don't have to work on monday happy birthday presidents ♪ ♪ >> that's not the reason why. >> that's jimmy fallon friday night with his president's day song. he is very talented. love it. >>> all right. that's the perfect set up for our next...
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Feb 21, 2013
02/13
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WTTG
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but as they learn to live on less, there will be a trickle down affect on the local economy. >> those affects will be felt in this area disproportionately. it's what happens if it goes on and on or happens over and over again. >> and we don't know. >> we don't know. it's the uncertainty that's making everybody so nervous. >> both the house and the senate are in recess until next week. just over a week to go before $85 billion in spending cuts begin find a way to avoid the cuts. >>> the way virginia pays for highway system could change for the first time in 30 years. law makers from both parties and the general assembly have reached a compromise on a transportation reform bill. replace 17.5 cent gasoline tax. also boost sales tax from 5% to 5.3%. and levy a $100 fee on hybrid cars. the deal could come up for a vote in the house and senate by the end of the week. >> happening today, a pair of maryland senate committees could vote to ban assault weapons. both measures have the full support of the governor and both will likely pass the panels. but each bill's fate in the full senate is st
but as they learn to live on less, there will be a trickle down affect on the local economy. >> those affects will be felt in this area disproportionately. it's what happens if it goes on and on or happens over and over again. >> and we don't know. >> we don't know. it's the uncertainty that's making everybody so nervous. >> both the house and the senate are in recess until next week. just over a week to go before $85 billion in spending cuts begin find a way to avoid...
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Feb 20, 2013
02/13
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WTTG
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you're talking now about 700,000 jobs being lost possibly in this economy in the next year. you are talking about a situation where 800,000 military people are seriously affected. you are talking about head start kids going off the role. you are talking about meals on wheels. you are talking about 270,000 people with mental health problems. this is now a political game a bit. at one point the speaker said i got 98% of what i wanted. saying it was the president's idea. one of those things no one thought could happen but looks like it very well might. >> i did hear that this week saying this whole thing was the president's idea. then you hear the president come out. what's the real deal here? >> according to bob woodward, it was the president's idea. when president obama comes out and trots out cops and kids yesterday, here's the bottom line though is that he agreed to this in the summer. he knew these education cuts were going to come. he knew these mental health and military cuts were going to come. he now comes out and castigates the republicans. that's the political game.
you're talking now about 700,000 jobs being lost possibly in this economy in the next year. you are talking about a situation where 800,000 military people are seriously affected. you are talking about head start kids going off the role. you are talking about meals on wheels. you are talking about 270,000 people with mental health problems. this is now a political game a bit. at one point the speaker said i got 98% of what i wanted. saying it was the president's idea. one of those things no one...
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Feb 22, 2013
02/13
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WTTG
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could have a bad effect on the general economy. we're going to talk to a republican senator and democrat senator, one about whether it's going to happen, and two, why and is there anything that can be done to stop it either before or after the deadline. extraordinary. here we are again. had the fiscal cliff january 1st. now sequestration on march 1. and the government runs out of money march 27th. it's like groundhog day around here. >> it really is. i wonder if these congress people get, the more people you talk to, particularly in washington where it could have a pretty major impact if not on march 1, but within a few weeks, is the frustration and anger of a lot of the american people at this issue. they just feel like congress, between congress and the white house, they're not getting anything done. >> yeah. it isn't just washington, though obviously people here are most affected by it. it's around the country. you look at ratings of congress, very low. and you're exactly right. as i said, groundhog day, because it's one deadlin
could have a bad effect on the general economy. we're going to talk to a republican senator and democrat senator, one about whether it's going to happen, and two, why and is there anything that can be done to stop it either before or after the deadline. extraordinary. here we are again. had the fiscal cliff january 1st. now sequestration on march 1. and the government runs out of money march 27th. it's like groundhog day around here. >> it really is. i wonder if these congress people get,...
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Feb 18, 2013
02/13
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KNTV
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economy. >> i think the u.s. economy is recovering. the job is recovering. the energy boom is helpful. the housing market has bottomed out and beginning to pick up. balance sheets, consumer balance sheetsz, business balance sheets are doing well and exports are doing well. >> how do we take that, the next step further? is it exports? open trade? >> i think there are -- all of these elms are important. from my point of view, the state department, exports are very important to the whole economy and to jobs because 95% of the world's consumer s live outside of united states so we're promoting american exports and ensure there are fair trading rules in the global system so it's not distorted by state subsidies or state enterprises. we're also making a major effort through the partnership trade negotiations and now the president announced negotiations with europe. that can open up new markets and provide new opportunities for american companies and we're trying to attract foreign investment in the united states, which does create a lot of jobs here. >> let me ask
economy. >> i think the u.s. economy is recovering. the job is recovering. the energy boom is helpful. the housing market has bottomed out and beginning to pick up. balance sheets, consumer balance sheetsz, business balance sheets are doing well and exports are doing well. >> how do we take that, the next step further? is it exports? open trade? >> i think there are -- all of these elms are important. from my point of view, the state department, exports are very important to...
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Feb 21, 2013
02/13
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FOXNEWSW
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it's not good for the economy. you look at the cuts and what happened to the defense department alone what it would do to the economy in terms of the unemployment rate is serious. i don't think that anybody laid forth any kind of serious plan. the president's plan doesn't talk about entitlement spending at all and continues to load everything on the defense department. looksh i'm all for, you know, cutting where there can be cutting. but you can't constantly go to defense department and ask them to do as much as they're doing and pretend to cut them and pretend like the entire pie does not exist over here this needs to be dealt with. >> bret: steve, by the way, that warren act thing we -- the warn act thing we will follow up on that. that is a ponial problem for trial attorneys may be licking their chops. not sure. >> it seems to catch gene sperling by surprise, he didn't have a ready answer how they would handle this. it would be the perfect cota to the entire episode if it ended with the federal government paying
it's not good for the economy. you look at the cuts and what happened to the defense department alone what it would do to the economy in terms of the unemployment rate is serious. i don't think that anybody laid forth any kind of serious plan. the president's plan doesn't talk about entitlement spending at all and continues to load everything on the defense department. looksh i'm all for, you know, cutting where there can be cutting. but you can't constantly go to defense department and ask...
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Feb 16, 2013
02/13
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CSPAN
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out of the economy. i'm afraid we are getting to a situation where we are being told that tax increases are beat -- are bad for the economy, too much borrowing is bad for the economy, particularly in the future you are projecting, and spending cuts are bad for the economy, and that does not leave us with many options. >> the effects of fiscal policy on the economy are different under different economic circumstances. that is a widely held -- not universally held, but widely held -- view among economists, and that is the perspective we take. under current economic circumstances, when private demand for goods and services is low, additional government demand for the government's offering additional private demand can both increase the overall demand for goods and services and thus encourage businesses to hire more. under different economic circumstances of the sort we usually have in this country and we expect we will have again five or 10 years from now, then this competition you are describing between th
out of the economy. i'm afraid we are getting to a situation where we are being told that tax increases are beat -- are bad for the economy, too much borrowing is bad for the economy, particularly in the future you are projecting, and spending cuts are bad for the economy, and that does not leave us with many options. >> the effects of fiscal policy on the economy are different under different economic circumstances. that is a widely held -- not universally held, but widely held -- view...
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Feb 24, 2013
02/13
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WBAL
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we know that and they keep analogizing the economy to a family. families, sometimes you have to go out and raise a little extra money. you don't just tighten your belt and get a second job and pay your bills on time. you go out and get some extra money. sometimes god forbid you even borrow some money from your brother-in-law, right? so they're going to lose on on that nor one particular point and they are going to get this point in the next couple of weeks, the fiscal conservatives that the date will come and go and the world is going to continue to spin on its axis. and the sun is going to come up in the east. and nobody is going to be fired and kids won't be cut out of daycare. not on the first day. not even in the first week. and so they're going to get that point. and then after that, they're going to lose. they're goring to lose big. chris: you cover the hill and you know there's all kinds of republicans now. there's a group of them, a third of the caucus, a quarter of the caucus who really don't like government that much. and if somebody say
we know that and they keep analogizing the economy to a family. families, sometimes you have to go out and raise a little extra money. you don't just tighten your belt and get a second job and pay your bills on time. you go out and get some extra money. sometimes god forbid you even borrow some money from your brother-in-law, right? so they're going to lose on on that nor one particular point and they are going to get this point in the next couple of weeks, the fiscal conservatives that the...
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Feb 23, 2013
02/13
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CNNW
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economy? >> the sequester is not just a cut back, but a very crude cut back, sort of just chop one finger off at every hand instead of letting somebody go. i think it was designed that way because the idea was this will force us to do something. but now they haven't. >> i'm starting to hear people in washington say, look, this is going to force some efficiencies in these agencies. they've had budgets that have been getting bigger and bigger for years, stimulus thrown into all different kind of safety net fund funds. maybe this is just tough medicine. >> it might force efficiencies into some agencies, though they really weren't planning for it, so they're having to do it pretty hectically. some agencies you don't want to cut. across the board cuts are a very crude way to run policy. do you want to cut your research and development, medical care, projects where you promised to pay and may end up losing a lot of money? the problem is it's so crude. they said, okay, this won't happen. we all know
economy? >> the sequester is not just a cut back, but a very crude cut back, sort of just chop one finger off at every hand instead of letting somebody go. i think it was designed that way because the idea was this will force us to do something. but now they haven't. >> i'm starting to hear people in washington say, look, this is going to force some efficiencies in these agencies. they've had budgets that have been getting bigger and bigger for years, stimulus thrown into all...
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Feb 23, 2013
02/13
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FBC
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deficit, no job creation, stagnant economy, nothing going on with the economy. we're spending time working on the golf game. lou: "new york times" has it, 7 hours of golf, elitist president, and boehner is -- >> it's the mainstream media. we have to go back to the grassroots and advocacy of the party. lou: what you just said, and i think you are exactly right, but you're saying the republican party has to go out and try to build up the membership and get its party going at the grassroots level. this is a party all they decided they needed was money and a few political connections
deficit, no job creation, stagnant economy, nothing going on with the economy. we're spending time working on the golf game. lou: "new york times" has it, 7 hours of golf, elitist president, and boehner is -- >> it's the mainstream media. we have to go back to the grassroots and advocacy of the party. lou: what you just said, and i think you are exactly right, but you're saying the republican party has to go out and try to build up the membership and get its party going at the...
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Feb 17, 2013
02/13
by
WBAL
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and too much blame for a bad economy. what a president does is pretty important but not as important as sometimes other factors. chris: if we have a shutdown or second recession or something like it, double dip, who gets hurt? >> republicans believe your theory, michael, it's the president. the buck stops with him. fundamentally -- >> chris: he's the one scared of this sequester more than anybody it seems. >> but at the same time they also know this is a republican party with the 24% approval rating going against a president with the 50-something percent approval rating. when it's the battle of the bully pulpit versus people with a 24% approval rating, bully pulpit can be very effective. chris: can i ask you a question? totally cosmetic. i watched the stadium, like we all did, every second of it. why was boehner always purposely dour? never smiled own once. >> i was going to say n. a focus group of walmart moms who watched it they said the exact same thing. they said, damn, that boehner just looked like a petulant child b
and too much blame for a bad economy. what a president does is pretty important but not as important as sometimes other factors. chris: if we have a shutdown or second recession or something like it, double dip, who gets hurt? >> republicans believe your theory, michael, it's the president. the buck stops with him. fundamentally -- >> chris: he's the one scared of this sequester more than anybody it seems. >> but at the same time they also know this is a republican party with...
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Feb 23, 2013
02/13
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LINKTV
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the economy is in trouble made worse by sanctions. caught in the middle are afghans cho who have few rights in iran even though many have lived there for decades. hundreds cross the border every day. some comb home voluntarily but many have been deported forced on to buses and sent back here. >> his hands were painted red in an iranian jail to identify him as a prisoner. he says his only crime was asking for his salary. >> i am deported and the wages from five months of work is still there. why would we go to iran? why would we choose misery? >> sent back with him are teenagers at the international calls children. their afghan families see them as bread winners. like this 15-year-old. >> my employer didn't pay me. he fired me then he turned me over to the police and then they deported me. >> despite the mistreatment, many afghans will try to go back pay smugglers hundreds to return to iran in search of work. >> 30 years of war and the low wages here make the problem of human trafficking even bigger in afghanistan. we try to rug russly
the economy is in trouble made worse by sanctions. caught in the middle are afghans cho who have few rights in iran even though many have lived there for decades. hundreds cross the border every day. some comb home voluntarily but many have been deported forced on to buses and sent back here. >> his hands were painted red in an iranian jail to identify him as a prisoner. he says his only crime was asking for his salary. >> i am deported and the wages from five months of work is...
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Feb 21, 2013
02/13
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FBC
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this is $85 billion in net of three and half trillion dollar budget in the $16 trillion economy. i would be hard-pressed to explain how cutting 85 billion -- think of it as taking 85 billion out of your allowance of $3,800. eighty-five bucks out. as not going to end things. lou: percentages are, perhaps, the easiest way to comprehend this. 2 percent, you know, is not that significant. on the other hand, it is easy to recall that rat poison is mostly of meal in most cases with 2% poison in it. 2% can be deadly and destructive in some cases determined. go ahead. >> no one should argue this is a good idea. this is, as i was quoted, a bad idea whose time has come because the worse idea is to not deal with the spending. that is the problem. and at least they are agreeing that there not going to do nothing. so it is either do real spending cuts that are real choices and really passed the senate, which we have not seen passed the house. with this. lou: at some point, and i know that you are doing your level best to try to bring rationality into the nation. >> not my fault. lou: i unders
this is $85 billion in net of three and half trillion dollar budget in the $16 trillion economy. i would be hard-pressed to explain how cutting 85 billion -- think of it as taking 85 billion out of your allowance of $3,800. eighty-five bucks out. as not going to end things. lou: percentages are, perhaps, the easiest way to comprehend this. 2 percent, you know, is not that significant. on the other hand, it is easy to recall that rat poison is mostly of meal in most cases with 2% poison in it....
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Feb 17, 2013
02/13
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WUSA
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. the world needs more energy. where's it going to come from? ♪ that's why right here, in australia, chevron is building one of the biggest natural gas projects in the world. enough power for a city the size of singapore for 50 years. what's it going to do to the planet? natural gas is the cleanest conventional fuel there is. we've got to be smart about this. it's a smart way to go. ♪ a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you exactly where it is, what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ >> schieffer: ronald reaga
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. the world needs more energy. where's it going to come from? ♪ that's why right here, in australia, chevron is building one of the biggest natural gas...
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Feb 20, 2013
02/13
by
WBAL
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. >> these cuts are not smart, not fair, they will hurt our economy. >> the president wants to replace the cuts with revenue. house speaker john boehner say the revenue debate is closed. >> republicans are uncomfortable with these cuts, but they want to see spending cuts implemented. >> lawmakers are feeling the pinch. >> the american people are expecting us to be serious about this. >> a new deficit reduction plans he by erskine bowles and alan simpson would cut the deficit by $2.40 trillion over 10 years. >> both camps have got to get out of our comfort zone and make tough decisions. >> lawmakers are likely to call or changes to health care and social security and the tax code. at this point, it looks like we will pit the sequestered for a period of time. >> because those cuts which impact federal agencies, airport security lines could get a lot longer. airports across the country will see staffing cuts on march 1 if the federal budget cuts go through a schedule. employees in airport security, customs, and air traffic control would join those in the pentagon taking forced furloughs.
. >> these cuts are not smart, not fair, they will hurt our economy. >> the president wants to replace the cuts with revenue. house speaker john boehner say the revenue debate is closed. >> republicans are uncomfortable with these cuts, but they want to see spending cuts implemented. >> lawmakers are feeling the pinch. >> the american people are expecting us to be serious about this. >> a new deficit reduction plans he by erskine bowles and alan simpson would...
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88
Feb 20, 2013
02/13
by
FBC
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eye 88
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before vesting. lou: i would like to share with you, if i may, and let's see full screen if we can. quotg from the chairman of the senate intelligence committee, senator dianne feinstein reactiting today to this report same as a sobering report on the length to which the u.s. military has needed to pass cyber legislation as on as possible. gordon chang, you are laughing as i said that. what in the world is going on whenur response ise have to pass a law. >> even worse than that, international treaty to ban cyber attacks. the chinese love to sign treaties and agreements, they saw a lot of them from human rights to trade. lou: there is a law against doing this right now. isn't that sufficient? >> that should be. the chinese don't honor any
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before vesting. lou: i would like to share with you, if i may, and let's see full screen if we can. quotg from the chairman of the senate intelligence committee, senator...
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97
Feb 22, 2013
02/13
by
FBC
tv
eye 97
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strategically here at the end of the day the economy has to grow. so people can blame the last four years and george w. bush story like this guy, but you know what, things are going to get tougher and tougher for him as he continues to win a little paper cup battles but the economy doesn't grow. lou: congressman, i'm with you to a point. this should b about the national interest. this should be about the nation and the correct leaders and direction for this government. i am afraid that has been lost and all of this. >> this is a president to really could go down in history as one of the best presidents, but he is deciding deliberately not to do that. he could come work with the republicans to make cuts to this government, balance the budget. i think he is campaigning for one thing which is that he wants to win in 2014. when i say when, he was the republicans toe kicked out of the house city can't put nancy pelosi back in a speaker. tactically he can get all these little victories. overall of the economy doesn't grow the american people don't win and
strategically here at the end of the day the economy has to grow. so people can blame the last four years and george w. bush story like this guy, but you know what, things are going to get tougher and tougher for him as he continues to win a little paper cup battles but the economy doesn't grow. lou: congressman, i'm with you to a point. this should b about the national interest. this should be about the nation and the correct leaders and direction for this government. i am afraid that has been...
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78
Feb 20, 2013
02/13
by
FOXNEWS
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eye 78
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in terms of the gross domestic product of our economy this is .03 of -- this is a third of 1%. on the domestic side, 2.5 cents on the dollar. this is a penny-and-a-half on the dollar of reduction. a debt of $16 trillion and the argument today is if we cut a penny-and-a-half on nondefense spending in a year it's the end of the world. if so, we are hopelessly in debt or we will end up -- >> bret: i want to continue the conversation, call a audible to talk about the sequestions ration. and why it's not happening on both sides. the panel continues after the break. ♪ [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, writing the next chapter for the rx and lexus. this is the pursuit of perfection. by the armful? by the barrelful? e carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. >> bret: we are back to continue talking about the sequester. overall the sequester is $85 billion this year. we talk about $3.6 trillion budg
in terms of the gross domestic product of our economy this is .03 of -- this is a third of 1%. on the domestic side, 2.5 cents on the dollar. this is a penny-and-a-half on the dollar of reduction. a debt of $16 trillion and the argument today is if we cut a penny-and-a-half on nondefense spending in a year it's the end of the world. if so, we are hopelessly in debt or we will end up -- >> bret: i want to continue the conversation, call a audible to talk about the sequestions ration. and...
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Feb 18, 2013
02/13
by
FOXNEWSW
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eye 83
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it is taking a hatchet hatchete budget when the economy is in a fragile state. the president says look back to the negotiations he was having. he says a lot of the proposals are still on the table. let's kick the dan down the road a little farther and avoid the sequestration. >> we had a two month delay. >> that is is the way we govern now in washington. one crisis to another. when you come up against the debt ceiling and the fiscal cliff usually we put it off. but i think this is one that is going to cause tremendous damage and the question is with the congress gone for a week when do they have time to negotiate. >> $85 billion out of a $3.5 trillion budget. >> a small percentage but if it affects you. >> and this is going to hurt the economy? >> if you lose your job i think it hurts you don't you think? >> fundamentally the debt that we have at the moment is the bigger problem for the economy and job creation in the private sector. >> chris: let me binge karl in to talk about the sequester and look at the president's state of the union speech and agenda he lai
it is taking a hatchet hatchete budget when the economy is in a fragile state. the president says look back to the negotiations he was having. he says a lot of the proposals are still on the table. let's kick the dan down the road a little farther and avoid the sequestration. >> we had a two month delay. >> that is is the way we govern now in washington. one crisis to another. when you come up against the debt ceiling and the fiscal cliff usually we put it off. but i think this is...
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109
Feb 21, 2013
02/13
by
WBAL
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eye 109
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. >> we do not need these automatic,-spending cuts that could hurt our economy and military readiness. >> house speaker john boehner asked of the president, what is he doing to stop the sequester that would hollow out our armed forces? as politicians squabble over who should give what in negotiations, defense secretary leon panetta is overseas talking with nato about how the budget cuts could impact allies internationally. >> companies in maryland are plenty concerned that cuts and furloughs in the pentagon may hurt their bottom lines. the howard county chamber of commerce has launched a new venture to build relationships between the defense department of local contractors. sequestration is putting future government projects up in the air. >> 2/3 of our volume comes from the intelligence community. it is a huge impact. we're looking for some certainty. >> most of the companies we spoke to said they don't expect immediate personnel changes, because most projects are already paid for. the future is their main concern. still ahead, i will chat with jilliam michaels. she has a new book ou
. >> we do not need these automatic,-spending cuts that could hurt our economy and military readiness. >> house speaker john boehner asked of the president, what is he doing to stop the sequester that would hollow out our armed forces? as politicians squabble over who should give what in negotiations, defense secretary leon panetta is overseas talking with nato about how the budget cuts could impact allies internationally. >> companies in maryland are plenty concerned that...
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Feb 21, 2013
02/13
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WUSA
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. >> what are they saying and what are they saying about the economy? >> looking backward they're saying walmart had a very good christmas. they earned more than expected. they came in light on sales. however, going forward, that's really a question. walmart is considered a bellwether for our economy and what they told us this morning is that the payroll tax cut is impacting consumers. the hike that we saw at the beginning of the year, the 2% hike which takes about $20 out of people's weekly paycheck is hitting the consumer and gasoline prices are up 50 cents in the last month and there's a tell prey knock on the consumer right now because refunds have been delayed. the tax code had to be overhauled as a result of the many of the reforms of last year and they're saying their consumer has been hit by delays in the refund checks, about $20 billion in refund checks didn't go out on time. >> all right. new information. re rebec rebecca, thank you. >>> the obama administration plans fines, penalties, and trade sanctions against any government that sponsors h
. >> what are they saying and what are they saying about the economy? >> looking backward they're saying walmart had a very good christmas. they earned more than expected. they came in light on sales. however, going forward, that's really a question. walmart is considered a bellwether for our economy and what they told us this morning is that the payroll tax cut is impacting consumers. the hike that we saw at the beginning of the year, the 2% hike which takes about $20 out of...
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Feb 22, 2013
02/13
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CNBC
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our economy is too small or government is too big. if we have some cuts or something that even looks like cuts it will add certainty to the business climate. it will make a meaningful difference. in a few months obama will take credit for what will come after the sequester. >> we'll leave it on that pearl of wisdom. folks if you insist on panicking about something consider the huge cost of all those federal government government workers. you won't believe how much their unfunded pension obligations are. they are going broke and there may be another taxpayer bailout in the cards. and once again don't forget free market capitalism is the best bath to prosperity. "the kudlow report" is coming back with more capitalism. don't worry, folks, help is on the way. >> remain calm. all is well. all is well! i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random
our economy is too small or government is too big. if we have some cuts or something that even looks like cuts it will add certainty to the business climate. it will make a meaningful difference. in a few months obama will take credit for what will come after the sequester. >> we'll leave it on that pearl of wisdom. folks if you insist on panicking about something consider the huge cost of all those federal government government workers. you won't believe how much their unfunded pension...
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Feb 21, 2013
02/13
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MSNBC
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he's right, he has limited time to act, but the most immediate priority i think is the economy. they're still struggling to keep a job or find a job. i think that is his top priority far and away, but he'll have to pursue other things at the same time. the good news is that is happening and i think it's happening successfully. we see is the congress coming together on immigration like it never has in my memory. we also see great progress i think on the gun issue with mushrooming of support for universal background checks. the good news is we'll be able to tackle many issues at the same time, but the president does have to prioritize the economy and that's what he's been doing. >> joe biden has been his point man. he'll be in connecticut today, pushing some gun legislation, but realistically, looking at the way congress has been and the dearth of pleasurements they've had in any significant way, do you really think that they can deal with with the sequester and gun control legislation passed as well at the same time? >> well, it's a heavy challenge. just the sequester, frankly, i
he's right, he has limited time to act, but the most immediate priority i think is the economy. they're still struggling to keep a job or find a job. i think that is his top priority far and away, but he'll have to pursue other things at the same time. the good news is that is happening and i think it's happening successfully. we see is the congress coming together on immigration like it never has in my memory. we also see great progress i think on the gun issue with mushrooming of support for...
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Feb 20, 2013
02/13
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FBC
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where would they rather put hundreds of thousands of jobs and hourl entire economy at riso close loopholes that benefit only the wealthiest americans and corporations. lou: house speaker john boehner reminded the president the house has passed two sequester bills ignored by the democratically controlled senate. one in may, the other in december of last year. republicans have already given mr. obama his tax hikes on the rich. reading just last month the president got higher taxes on the wealthy and already back for more. the american people understand the revenue debate is now closed. and congress is closed as well. the house of representatives and the senate both in recess until next monday leaving the president only four days in which to reach out to congress if there is to be a deal done before sequestration takes effect. democrats led by the white house are opposed to cutting entitlements. even though they make up more than 60% of federal outlay. medicare, medicaid and social security alone take up 45% of the national budget. in the four plus years of the obama presidency, entitlement h
where would they rather put hundreds of thousands of jobs and hourl entire economy at riso close loopholes that benefit only the wealthiest americans and corporations. lou: house speaker john boehner reminded the president the house has passed two sequester bills ignored by the democratically controlled senate. one in may, the other in december of last year. republicans have already given mr. obama his tax hikes on the rich. reading just last month the president got higher taxes on the wealthy...
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Feb 24, 2013
02/13
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WJLA
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i said it was going to have an effect on the economy. it might sound like a lot. fragile economy. but there are specific programs that are going to be affected. what every unemployed person gets will be reduced. there are going to be fewer agriculture inspectors to stand in food processing plants. which means, those plants can't process foods. >> one of the things that i think the democrats are counting on, some time in april and may, when this all starts to kick in, the republicans are going to break again. >> they're not going to, because they have put this central to their strategy, they chose to do this. they want to have this debate. again, it's not a fallback. i think there a are a couple of dangers here for the white house. they are warning of doom and gloom. how bad is it actually going to be when it happens? that's a big question. that hasn't been answered. lot of people aren't paying attention. how many americans -- this isn't a government shutdown. people are still going to get their passports, visit national parks. how many americans are paying attention? and how many
i said it was going to have an effect on the economy. it might sound like a lot. fragile economy. but there are specific programs that are going to be affected. what every unemployed person gets will be reduced. there are going to be fewer agriculture inspectors to stand in food processing plants. which means, those plants can't process foods. >> one of the things that i think the democrats are counting on, some time in april and may, when this all starts to kick in, the republicans are...
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Feb 19, 2013
02/13
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FOXNEWS
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to reduce the deficits without harming our economy. but congress has to act. >> republican leaders say they haven't been contacted by the president since the inaugural. >> the republicans had plans to avoid sequester and at the time the president responded threatening a veto. >> some in congress trying to undo the automatic spending cuts. my message is simple. no. i will veto any effort to get rid of the automatic spending cuts, domestic spending. >> spokesman jay carney said the problem is the republicans wanted a plan that would not balance with spending cut an tax increases. >> we do not support undoing the sequester in a way that says you know what? we will throw double the number of kids out of head start and make tunnel the cuts to education. >> speaspeaker john boehner fird back saying last month the president got the higher taxes on the wealthy and is back for more. the american people understand revenue debate is closed. close the loophole and carve out attack code but it should be used to lower rate across the board. enter th
to reduce the deficits without harming our economy. but congress has to act. >> republican leaders say they haven't been contacted by the president since the inaugural. >> the republicans had plans to avoid sequester and at the time the president responded threatening a veto. >> some in congress trying to undo the automatic spending cuts. my message is simple. no. i will veto any effort to get rid of the automatic spending cuts, domestic spending. >> spokesman jay carney...
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Feb 24, 2013
02/13
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FOXNEWSW
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that is money out of the economy as well. if we are not careful a tax increase on one end could be a problem and severe cuts could be a problem. one of the biggest problems in this city too many times they kick the can it doesn't matter which party down the block if you will and don't really solve the problem. our hope is between now and march 1 they will find a way to provide better alternatives to the cuts and the sequester. >> you wouldn't is support the tax hikes and spending cuts. >> when the president proposed a sequester he said the cuts are so bad that the congress and administration will come back and provide a better alternative of cuts and not new tabs. they already had the tax increases. that came at the last year when we temporarily avoided the fiscal cliff. the challenge how to is to find better long-term ways to solve the fiscal problems facing this country right here in washington. >> chris: you you have a smaller impact of the sequester if delaware. how concerned are you about it? >> we are concerned particul
that is money out of the economy as well. if we are not careful a tax increase on one end could be a problem and severe cuts could be a problem. one of the biggest problems in this city too many times they kick the can it doesn't matter which party down the block if you will and don't really solve the problem. our hope is between now and march 1 they will find a way to provide better alternatives to the cuts and the sequester. >> you wouldn't is support the tax hikes and spending cuts....
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five billion dollars would mediately be cut out of the federal budget which could seriously wound our economy this is what's referred to here in washington as the sequester today president obama went all harry truman and house republicans telling them out irresponsible it is the law of the sequester kick in just to preserve tax breaks and loopholes for millionaires and billionaires. so that republicans in congress face a simple choice are they willing to compromise to protect vital investments in education and health care and national security and all the jobs that depend on them or would they rather put hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loopholes that benefit only the wealthiest americans and biggest corporations or you will have teachers laid off or kids not have access to head start or deeper cuts in student loan programs. just because you want to protect the special tax interest and loophole that the vast majority of americans don't benefit from that's the choice that's the question. for more on the president's speech t
five billion dollars would mediately be cut out of the federal budget which could seriously wound our economy this is what's referred to here in washington as the sequester today president obama went all harry truman and house republicans telling them out irresponsible it is the law of the sequester kick in just to preserve tax breaks and loopholes for millionaires and billionaires. so that republicans in congress face a simple choice are they willing to compromise to protect vital investments...
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Feb 16, 2013
02/13
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FOXNEWS
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economy. small businesses recent survey suggests they are still struggling and delayed economic recovery is bringing pessimism among business owners and beyond. jerry is president of capital management and fox news contributor. thanks for joining us today. among the surveys there is one, expectations for small businesses is fourth lowest reading in 40 years. why do they continue to struggle? >> just remember we use the word business, it's people. people are making decisions on their wallets and how business is going. right now we have, i call a vicious cycle of stupidity where they are raising taxes on the business owner. they are raising on the consumer that spends on the business and you have a business owner that says things are not so good. i'm not going to hire as quickly and end up in a situation like this. >> heather: speaking of hiring we were just discussing this, the president has been on his road trip talking about his economic policies. things that he wants to move forward. one of
economy. small businesses recent survey suggests they are still struggling and delayed economic recovery is bringing pessimism among business owners and beyond. jerry is president of capital management and fox news contributor. thanks for joining us today. among the surveys there is one, expectations for small businesses is fourth lowest reading in 40 years. why do they continue to struggle? >> just remember we use the word business, it's people. people are making decisions on their...
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Feb 23, 2013
02/13
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CNNW
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if, in fact, this does not -- the sequester comes through and the economy gets into trouble, next year we go to the midterm votes, do you think voters will look back and say, it was the republicans' fault? or do you think by then it will be the usual equation of, you're the party in charge, democrats, the economy's failing again, it's your fault, you pay? what do you think? >> i think the real fight is going to be over the continuing resolution. if there's a government shut-down, and if then there is an economic weakness, then i think it's very hard to tell. republicans might take a lot of blame for that. >> daniel, one quick question. if this happens, is it enough to push us substantially toward recession? >> i don't think it's going to be recession. but we could lose between 700,000 and 1 million jobs according to estimates published in "washington post" today. that is a big chunk out of the job creation that bewe're expecting, 25% of it. >> thanks so much for being here. this story's not going anywhere. >>> the justice department says lance armstrong defrauded the government out of
if, in fact, this does not -- the sequester comes through and the economy gets into trouble, next year we go to the midterm votes, do you think voters will look back and say, it was the republicans' fault? or do you think by then it will be the usual equation of, you're the party in charge, democrats, the economy's failing again, it's your fault, you pay? what do you think? >> i think the real fight is going to be over the continuing resolution. if there's a government shut-down, and if...
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Feb 23, 2013
02/13
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FOXNEWSW
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analyzes what happens in the economy. now, we have this conversation each year for the last four years at this time. >> kelly: that's right. >> gas prices spiked seasonally and as we get into memorial day, they'll go back down again and encourage people to budget about $4 a gallon for gasoline this year, and by the end of the year, when christmas rolls around, you'll have some extra money for christmas because the average price will be lower than $4. >> that's very encouraging, but give me your best forecast on our overall economy because it's still rather anemic. >> well, we're stuck in this low growth economy and there's just no way out of it. as long as the government continues to artificially hold down the interest rates and try to provide a stimulus for borrowing, that's just not going to work. as we look at a 2% growth economy, that's going to go up and down on the flat line quite a bit and don't expect for wages to increase for this period. there's just no way you can increase wages with a 7% unemployment. however,
analyzes what happens in the economy. now, we have this conversation each year for the last four years at this time. >> kelly: that's right. >> gas prices spiked seasonally and as we get into memorial day, they'll go back down again and encourage people to budget about $4 a gallon for gasoline this year, and by the end of the year, when christmas rolls around, you'll have some extra money for christmas because the average price will be lower than $4. >> that's very...
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Feb 18, 2013
02/13
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KTVU
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this is about jobs, about the state of the economy. >> no, it's not... it is about spending and, the... >> chris: i'm glad we cleared that up. thank you, panel. but don't forget to check out panel-plus, where our panel will pick up with this discussion discussion on our web site, foxnewssunday.com and we'll post the video before noon eastern time an follow us on twitter @foxnewssunday. up next our power player of the week. ♪ >> chris: there have been 1, 942 senators since congress started in 1789. one of the fun facts we learn from our power player of the week. ♪ >> i have a front row seat for the best show in washington. and it is. >> chris: donald richie is the senate historian. keeping track of everything it does, and why. >> the yeas are 59... the nays are 39... >> the senate does a lot of business by precedent and, you know. we have very few rules in the senate but we have thousands of press dents. >> chris: when the impeachment trial of bill clinton happened, they wanted to know what happened to the trial of andrew johnson in 1868. >> one quest
this is about jobs, about the state of the economy. >> no, it's not... it is about spending and, the... >> chris: i'm glad we cleared that up. thank you, panel. but don't forget to check out panel-plus, where our panel will pick up with this discussion discussion on our web site, foxnewssunday.com and we'll post the video before noon eastern time an follow us on twitter @foxnewssunday. up next our power player of the week. ♪ >> chris: there have been 1, 942 senators since...